Vishnu Daya Newsletter- October 2021
We are pleased to present our monthly newsletter for the month of October 2021. ...
Continue readingWe are pleased to present our monthly newsletter for the month of October 2021. ...
Continue readingThis is to inform that following format can be used for circulating to your customers to address if there are any queries from their side with respect to GST input credit of FY 2020-21. ...
Continue readingIn terms of Section 135 (5) of the Companies Act, 2013, companies which have not spent the CSR obligation amount for FY 2020-21, shall transfer the unspent CSR amount to the Funds specified under Schedule VII such as Prime Minister National Relief Fund, PM CARES Fund, Clean Ganga Fund before September 30, 2021. In this regard, please take necessary steps to discharge the CSR liability, if not spent earlier for the FY 2020-21....
Continue readingCBDT extends due dates for filing of Income Tax Return & Audit Reports for FY 2020-21...
Continue readingWe are pleased to present our monthly newsletter for the month of September 2021. ...
Continue readingWe are pleased to present our monthly newsletter for the month of August 2021. ...
Continue readingThe Supreme Court had passed suo moto orders granting relief to litigants by way of a blanket extension of the limitation period for filing of petitions, applications, suits, appeals or all other proceedings considering the exigencies due to the COVID-19 pandemic. This applies to the limitation prescribed under general law of limitation or under special laws. The Supreme Court of India had, vide its most recent order dated 27 April 2021, restored its previous order dated 23 March 2020 – extending all periods of limitation ending on 14 March 2021 until further orders. The Central Board of Indirect Taxes and Customs (CBIC) has issued...
Continue readingThe Kerala Flood Cess, which was introduced in addition to the GST payable on the B2C sales made within the state of Kerala is coming to an end on 31.07.2021....
Continue readingThe High Court of Madras held that The plain words employed in Entry 77 of Notification No. 12/2017- Central Tax (Rate) amended by Notification No. 2/2018- Central Tax (Rate) dated 25th January 2018, being, ‘up to' an amount of Rs.7,500/-can thus only be interpreted to state that any contribution in excess of the same would be liable to tax. The term ‘up to' hardly needs to be defined and connotes an upper limit. It is interchangeable with the term ‘till' and means that any amount till the ceiling of Rs.7500/- would be exempt for the purposes of GST. The intendment of the exemption...
Continue readingWe are pleased to present our monthly newsletter for the month of July 2021. ...
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